Japan Post’s investment policy unchanged since BOJ’s yield curve control decision

Speaking in Tokyo, Japan Post CEO Nagato noted that the Japanese fund hasn’t made any change to its investment policy since BOJ decision to control yield-curve, Bloomberg reports.

Separately, Japan’s Black Rock fund CIO crossed the wires, via Reuters, and expressed his take on the USD/JPY outlook.

Key Headlines:

Cautiously optimistic on Japanese stocks

May upgrade view if there is more progress on structural reforms

Sees USDJPY 100-105 until year-end